ACTIVE

Quality Service Belgium

Financial year 2024 · Closed on 31/12/2024

Net result2 M €+615,2 %over 1 year
Gross margin3,2 M €+360,2 %over 1 year
Equity2,4 M €+189,7 %over 1 year
Workforce6,0 ETP

Identity

Source · BCE/KBO

Quality Service Belgium is a Private limited company incorporated in 2019. Its main activity is: Construction of roads and motorways. Its registered office is in Dendermonde. It employs on average 6,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0725.805.666
Incorporation
29/04/2019
Legal form
Private limited company
Registered office
Gentsesteenweg (DEN) 206
9200 Dendermonde · FlandreSee on map
Contributed capital
13 000,00 €
Latest accounts
31/12/2024
Average workforce
6,0 ETP
Joint committees (2)
  • 1240
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 5 financial years

20242023202220212019
Income statement
Gross margin3,2 M €691,5 k €747,2 k €269,2 k €59,4 k €
EBITDA2,8 M €390 k €463,1 k €184,8 k €59,4 k €
Operating result2,7 M €365,4 k €450,2 k €180,4 k €55,9 k €
Net result2 M €274,6 k €341,1 k €126,5 k €40,5 k €
Balance sheet
Equity2,4 M €840,1 k €565,4 k €224,3 k €53,5 k €
Total assets4,7 M €2,7 M €1,3 M €332,9 k €103,4 k €
Cash604,4 k €137,2 k €107,3 k €122,3 k €3,1 k €
Debts2,3 M €1,8 M €735,4 k €106,8 k €48,8 k €
Other
Workforce6,0 ETP–5,5 ETP2,1 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Ilse Duyck

Director · since 29 avril 2019

Active

Ended mandates

Ilse Duyck

Director · since 25 avril 2019

Ended
Ilse Duyck

Director

Ended

Other companies at this address

Gentsesteenweg (DEN) 206 9200 Dendermonde
CompanyCBE no.
0747.518.919

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelMicro modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202025/04/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months9 months
Filing date25/09/202531/08/202410/10/202324/06/202220/08/202103/11/2020
General meeting16/09/202530/08/202431/08/202301/06/202218/08/202106/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202416/09/202525/09/2025DutchPDF
Micro model31/12/202330/08/202431/08/2024DutchPDF
Abridged modelCorrection31/12/202231/08/202310/10/2023DutchPDF
Abridged model31/12/202231/08/202331/08/2023DutchPDF
Abridged model31/12/202101/06/202224/06/2022DutchPDF
Abridged model31/12/202018/08/202120/08/2021DutchPDF
Micro model31/12/201906/10/202003/11/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

Ilse Duyck

Director · since 29 avril 2019

Active

Ended mandates

Ilse Duyck

Director · since 25 avril 2019

Ended
Ilse Duyck

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other22/11/2024
    DOEL
    PDF
  • Mandates14/10/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/03/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/05/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 20242 M €↑
  2. 2023
    Annual accounts 2023274,6 k €↓
  3. 2022
    Annual accounts 2022341,1 k €↑
  4. 2022
    Name changeQuality Service Belgium
  5. 2021
    Annual accounts 2021126,5 k €↑
  6. 2021
    Name changeQuality Service Belgium (Q.S.B.)
  7. 2019
    Annual accounts 201940,5 k €
  8. 29/04/2019
    IncorporationPrivate limited company